NFTs could be ‘as big or bigger’ than all crypto on Coinbase, CEO
As cryptocurrency exchange Coinbase (NASDAQ:) prepares to soon roll out its own nonfungible token (NFT) platform, the firm’s CEO, Brian Armstrong, has assessed the importance of the company’s upcoming NFT offering.
On Tuesday, Coinbase released its Q3 financial results, reporting $1.2 billion in revenues, which mostly comes from the platform’s transaction fees on trading cryptocurrencies like (BTC) and Ether (ETH). The firm is the largest crypto exchange in the United States, with its shares publicly traded on Nasdaq.
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